You know what project does fund their developers...

So there's a project where people who have a good chunk of coins and run a node can vote. They can vote to fund one set of developers. If the developers end up not doing the right thing they can be fired by changing votes. It also could happen that the voters decide that they want to fund a second set of developers. Funding two sets at once can reduce the impact of firing the first set.

These nodes also will sign off on transactions as first seen transactions. Consensus rules are such that if a block includes a transaction that conflicts with one that was signed, then the whole block is considered invalid by the network.

This project is already live and is called Dash, digital cash.

submitted by /u/DarrenTapp
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source https://www.reddit.com/r/btc/comments/et1zeh/you_know_what_project_does_fund_their_developers/

I am glad BCH can start to assamble a world class team now with funding resolved. The alernative was not very pretty. "Compete or die"

submitted by /u/Mr-Zwets [link] [comments]

source https://www.reddit.com/r/btc/comments/et5ap4/i_am_glad_bch_can_start_to_assamble_a_world_class/

ELI5 why dominant pools can't just donate directly?

A soft fork seems to be a much bigger hassle than letting dominant pools voluntarily donate by sending a large transaction of their earnings to fund development. There's a much bigger risk of instability in BCH if a soft fork for this is conducted, which can potentially cause a chain split.

submitted by /u/antimatter5
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source https://www.reddit.com/r/btc/comments/et3m6l/eli5_why_dominant_pools_cant_just_donate_directly/

LocalBitcoins Suspends Accounts From Africa - BlockNewsAfrica

submitted by /u/token_media [link] [comments]

source https://www.reddit.com/r/btc/comments/et3i9a/localbitcoins_suspends_accounts_from_africa/

Bitcoin Is Getting Upgraded In 2020. Here Is BIP 340, 341, 342 (Schnorr, Taproot, Tapscript) Explained!

submitted by /u/JustBigEnergy1988 [link] [comments]

Somebody help me with the 12% math. If the hashrate drops by 12%, and the price stays relatively the same - then this 12% donation will not touch the miner's take home profit.

IMHO the 12% donation is not coming out of the miner's pockets - its coming out of the hashrate. BCH will suffer a 12% hashrate drop and if the price stays relatively the same, the miners are now getting paid the same reward, but with 12% less effort - so a 12% increase in profit...here comes the donation and boom, they are back to their original profit.

submitted by /u/whyison
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source https://www.reddit.com/r/btc/comments/et387w/somebody_help_me_with_the_12_math_if_the_hashrate/

The consensus mechanism is fine, the proposal needs improvement

submitted by /u/freetrade
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source https://www.reddit.com/r/btc/comments/et3kcu/the_consensus_mechanism_is_fine_the_proposal/